A country whose economy has contracted 25 percent in seven years and unemployment rate also exceeds 25 percent is suffering “extreme sorrow”
But concerns likely to grow if the country’s woes persist
Report shows Britain’s economy shrank by 0.2 percent in the last quarter of 2011
There’s an old saying about putting the horse before the cart instead of the other way around. This comes to mind with all the talk out of Europe these days. The Euro-zone seems to be disintegrating because of the indebtedness of members such as Greece, Italy, and Ireland.
Purchasingb2b: September 2011 Print Edition I think we’ll look back at the summer of 2011 and realize that the developed world hit an inflection point. We’ll look back at the debt crises that popped up in countries as different as…